Analysts Offer Predictions for TSE:AYA FY2024 Earnings

Aya Gold & Silver Inc. (TSE:AYA) – Analysts at National Bank Financial cut their FY2024 earnings per share estimates for Aya Gold & Silver in a note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $0.00 per share for the year, down from their previous estimate of $0.03. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. National Bank Financial also issued estimates for Aya Gold & Silver’s Q4 2024 earnings at ($0.01) EPS.

AYA has been the topic of several other reports. National Bankshares reduced their target price on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a report on Tuesday. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. Finally, Stifel Nicolaus decreased their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$21.31.

Aya Gold & Silver Price Performance

Aya Gold & Silver stock opened at C$11.71 on Wednesday. The firm has a market cap of C$1.53 billion, a PE ratio of 130.11 and a beta of 1.40. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The stock’s fifty day moving average price is C$11.76 and its two-hundred day moving average price is C$14.35. Aya Gold & Silver has a one year low of C$9.40 and a one year high of C$19.56.

Insider Transactions at Aya Gold & Silver

In other news, Senior Officer Alex Ball sold 20,000 shares of the business’s stock in a transaction dated Monday, January 20th. The stock was sold at an average price of C$12.08, for a total transaction of C$241,600.00. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total value of C$435,761.85. Over the last 90 days, insiders sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is currently owned by insiders.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.